GSE

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Goldspike Exploration Inc. ("Goldspike" or the "Company") (TSX VENTURE:GSE) has
completed initial exploration programs on most of its property portfolio of 40
early stage Yukon precious metal properties. Subsequent to completing its
Initial Public Offering one year ago, the Company commenced evaluating the 100%
owned, 5000 claims it holds across Yukon. The initial exploration work consisted
of traditional prospecting, stream and soil sampling as well as geological
mapping all of which now allows the Company to focus its follow-up efforts on
the most promising target areas and in several instances has also led the
Company to expand the size of its property positions.


Half of the Yukon properties are located in two of the most active regions in
Yukon (the White Gold area and the Clear Creek-Dublin Gulch area) with other
properties located in more spread out locations throughout Yukon. These
properties include land in the Atac Rackla area, West Dawson area, Livingstone
Creek area, Northern Tiger - 3 Aces area as well as individual properties
covering specific targets not located in areas where other companies are active.


The preliminary exploration completed in 2011 revealed many areas of anomalous
gold, silver and precious metal indicator elements on a number of the claim
groups that warrant follow-up.


Based upon the results from the programs completed by the Company and its
farm-in associates in 2011, follow-up work programs were recommended and field
work commenced in mid-June of 2012.


The initial 2012 exploration program is designed to follow-up on targets
identified in 2011, and to expand on the program completed in 2011. Some of the
2012 work effort is targeted at initial visits to some of the properties not
visited in 2011.


One of the areas the Company has focussed on during the initial work phase in
2012 is the further evaluation of the western part of the Goodman Property and
the initial evaluation of the expanded, more eastern part of the Goodman
Property that was only acquired late in 2011 following the discovery of a new
area of antimony (stibnite) mineralization with associated anomalous gold
mineralization. The expanded Goodman Property now includes land located
immediately adjacent to the boundary of Victoria Gold Corp.'s Dublin Gulch
Property on which they recently completed a feasibility study (Press release -
February 22, 2012) using a resource base of 4.8 million ounces of gold (Eagle
Gold Deposit). Closer to the mutual boundary with the Company, Victoria Gold
Corp. announced (January 11, 2012) high grade results that headlined: "Victoria
intersects 27.44 meters of 382 g/t Silver at Rex-Peso, Dublin Gulch Property,
Yukon". The distance of this high grade mineralization from the mutual border
with the Company's properties is unknown at this time, however, initial
indications are that the Rex and Peso historical underground workings are
approximately 1500 and 4000 metres, respectively, east of the Goodman Property
boundary. Furthermore, it appears little or no work was ever completed to trace
these gold-silver-lead-zinc-antimony mineralized zones westward towards the
Company's new antimony occurrence. The discovery of antimony mineralization
along with anomalous gold and silver values in an area of very limited outcrop
may indicate the presence of a significant extension of the Rex - Peso
mineralization some two kilometres west of the Victoria/Goldspike mutual
boundary.


Further details on the Goodman Property will be released as they become
available and will also be posted on the Company's website (www.goldspike.ca) in
the coming weeks.


Work has also been undertaken on several other properties in the Clear Creek
Dublin Gulch area including Seattle, Josephine, May Creek Bix, and Lugdush.


Work by optionees on a number of the Company's properties in 2011 resulted in
significant gold (rock samples) and gold geochemical anomalies on several
properties. While not privy to details, it is understood that work is continuing
on some of these properties this field season.


New Director

The Company is pleased to announce the appointment of Mr. Allen Ezer to the
board of directors. Mr. Ezer is an experienced advisor in the financial services
industry, having worked as an advisor with a tier 1 chartered Canadian bank for
nearly 10 years. Mr. Ezer is a director and Vice President Corporate Development
of Security Devices International Inc. (a US based defense company), and he also
serves as a director of Cambrian Resources Inc.


The Company also announces the resignation of Mr. David Danziger from the board
of directors. The board of directors wishes to thank David very much for his
assistance through the first year of Goldspike being a public company and also
for his help through the listing process.


The board of directors has approved the granting of share purchase options to
Mr. Ezer and to a geological consultant to the Company. The optionees have been
granted options to purchase a total of 500,000 common shares of the Company at
an exercise price of $0.25 per share for a period of 5 years.


Bruce Durham P.Geo is a "qualified person" as that term is defined by national
Instrument NI 43-101 and is the person responsible for the technical information
in this release.


This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. Any forward-looking statement speaks only as of the date of this
release and, except as may be required by applicable securities laws. Goldspike
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or results or
otherwise.

(TSXV:GSE)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024

(TSXV:GSE)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024